Avula Hari K. 4

What Happened
Avula Hari, a director of Sprouts Farmers Market, Inc. (SFM), received a grant of 2,313 restricted stock units (RSUs) on March 12, 2026. The grant is reported as an award (code A) with a reported acquisition price of $0 (typical for RSU grants); the filing lists the total value as $0 for the transaction. Each RSU represents the right to receive one share of common stock upon vesting, which is scheduled for March 12, 2027, assuming continued service.

Key Details

• Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-16). Filing appears timely.
• Transaction type/code: Grant/Award (A) of 2,313 RSUs; reported price $0.
• Vesting: RSUs vest on March 12, 2027 subject to continued service.
• Shares owned after transaction: Filing notes 10,232 shares of common stock plus the 2,313 RSUs described here (12,545 total if counting vested shares + RSUs).
• Footnotes: F1 confirms each RSU converts to one share at vesting; F2 clarifies the 10,232 common shares are held in addition to these RSUs. No 10b5-1, tax-withholding, or gift codes noted.

Context
RSU grants are a form of compensation and do not represent an open-market purchase or sale; they typically reflect pay/retention practices rather than immediate trading sentiment. Because these RSUs vest a year from the grant date and were not sold, there is no immediate change in liquid holdings. For retail investors, such grants are informational about executive/director compensation and potential future dilution when RSUs convert to shares.